Qtum Cryptocurrency Review – The idea behind QTUM

Qtum Cryptocurrency Review – The idea behind QTUM

The idea behind QTUM is creating smart Contracts simpler and more secure when offering interoperability with major cryptocurrencies such as Bitcoin and Ethereum.

QTUM (pronounced “quantum”) is a Singapore-based blockchain technology which bridges Ethereum’s smart contracts in addition to Bitcoin’s stable blockchain whilst using proof of bet for verification.

QTUM hopes to boost the range and interoperability of smart contract applications, especially for business and institutional purposes. In addition, QTUM will execute tools, templates, along with other semi intelligent contract options to make it simpler for companies to construct and execute intelligent contracts.

The QTUM team is Asia-based, also a lot of their marketing and advertising efforts and outreach have appealed to Asian economies, specifically the Chinese sector.

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QTUM’s staff is young, but they have a strong awareness for the technologies and challenges which lie ahead. Anthony Di Iorio, one of the founders of Ethereum and an early investor in QTUM.

QTUM has also kept advisors from PwC To assist with regulatory compliance and accounting. They appear poised to make a serious entry into the company side of clever contracts, particularly in Asia. QTUM is definitely worth watching carefully over the coming weeks for significant growth.

Qtum (Quantum) is a open source, decentralized endeavor that aims to Capitalize on the achievement of Bitcoin, while competing for the Decentralized Application (DAPP) and Smart Contract market. The Objective is To utilize business partners and start the very first Value Transfer Protocol (VTP). This can enhance daily business routines, and let For simpler adoption. Qtum aims to become the platform together with Smart Contracts that execute as part of an Unspent Transaction Output (UTXO).